Brexit "optimism"
=> This is a very technical environment as Brexit focus has been shifted towards the end of October/November
=> Here we can see the break in price above the 38.2% and bullish triangle... this implies a swift and clean leg towards the 50% target at 2.08939
=> The ebb and flow will be provided from noise on both sides of the Brexit equation starting to sell the result to retailers... in reality this is far from the case but it is important to remember we are trading expectations and perception, not reality.
=> Good luck all those on the buy side
=> Here we can see the break in price above the 38.2% and bullish triangle... this implies a swift and clean leg towards the 50% target at 2.08939
=> The ebb and flow will be provided from noise on both sides of the Brexit equation starting to sell the result to retailers... in reality this is far from the case but it is important to remember we are trading expectations and perception, not reality.
=> Good luck all those on the buy side
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.